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GameStop adopts bold strategies like Bitcoin reserves & convertible bonds to offset decline. Explore its pivot for profitability under CEO Ryan Cohen.
GameStop's foray into cryptocurrencies marks the latest effort by CEO Ryan Cohen to revive the struggling brick-and-mortar ...
GameStop has transformed from a video game retailer to a cash-rich company, holding $4.8 billion in cash out of $5.9 billion ...
GameStop (GME) pushed further to the upside on Friday after two more insiders loaded up on what was once known only as a ...
Strategy said that the rebranding ... using tokens already owned by the government. GameStop said it will use a portion of its cash or future debt or equity issuances to be invested in bitcoin ...
GameStop is doubling down on a risky turnaround strategy that includes closing hundreds of retail locations while investing ...
The video game retailer said a portion of its cash or future debt and equity ... albeit volatile, rise for Strategy's stock. GameStop's foray into cryptocurrencies marks the latest effort by ...
GameStop Follows Strategy’s Bitcoin Blueprint This move puts GameStop ... He pointed out that while the company holds about ...
GameStop updated its investment policy, explicitly allowing the use of cash, future debt, or equity issuances to purchase Bitcoin. Unlike Strategy, which has leveraged billions in debt to amass ...
The sell-off might have to do with the convertible note pricing, while some speculated that it's a sign of investors' ...
The decision echoes that of Strategy, the largest corporate ... tokens already owned by the government. GameStop said it will use a portion of its cash or future debt or equity issuances to ...
The video game retailer said a portion of its cash or future debt ... Our Bitcoin strategy has not been tested and may prove unsuccessful," GameStop said in a U.S. Securities and Exchange ...